AI
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| Alias Born | 06/16/2004 |
Sunday, October 23, 2005 4:53:42 AM
***TRANSPORTS, arguably the MOST IMPORTANT AVERAGE to follow on the market have a PIVOTAL WEEK ahead for them... Why?
Well during this entire "bull-trned" within what I will continue to argue & state is a SECULAR BEAR market the transports have not had 2 consecutive weeks CLOSING UNDERNEATH its' respective 50 weekly average... well it did so last week, and the candlestick that forms favors the bears this week as does the bearish divergence in the slow stochastics and RSI on the weekly charts>>>
My conclusion is that this is hinting that there's a 77% (estimated) chance that this index is about the literally break-down and take the market with it, and YES I'm talking Dow sub-10,000... 4 figures here we come if this plays out>>>
But then again, that 23% chance that the "bulls" defend it... or even better yet, that the market manipulators attempt to jerk the shorts out of this market so they can get the shorts>>>
Well during this entire "bull-trned" within what I will continue to argue & state is a SECULAR BEAR market the transports have not had 2 consecutive weeks CLOSING UNDERNEATH its' respective 50 weekly average... well it did so last week, and the candlestick that forms favors the bears this week as does the bearish divergence in the slow stochastics and RSI on the weekly charts>>>
My conclusion is that this is hinting that there's a 77% (estimated) chance that this index is about the literally break-down and take the market with it, and YES I'm talking Dow sub-10,000... 4 figures here we come if this plays out>>>
But then again, that 23% chance that the "bulls" defend it... or even better yet, that the market manipulators attempt to jerk the shorts out of this market so they can get the shorts>>>
HI-HO SILVER !!!
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